(C) Daily Kos
This story was originally published by Daily Kos and is unaltered.
. . . . . . . . . .
The Trump Slump is Here — And It’s Worse Than You Think [1]
['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']
Date: 2025-03-04
Washington, D.C. – The economy was thriving when Biden left office. GDP growth was steady, wages were rising, inflation was easing, and the stock market was cruising. It was a picture of economic resilience, built despite Republican obstruction and fueled by a government that cared about working people.
Then along came Trump 2.0.
Less than two months into his second term, the economy is flashing warning signs, businesses are bracing for impact, and economists are whispering Trump Slump — the dreaded sequel to the Trump Recession that Biden had to clean up four years ago.
But fear not! In true Trumpian fashion, he is here to tell us that everything is fine, that the market crash is fake news, and that if we just believe hard enough, his genius will make it all better. And he’ll be saying exactly that in his upcoming address to Congress.
So, as we prepare for his latest bout of verbal gymnastics, let’s break down what’s happening in the Trump economy using the 5Ds of Economic Doom:
1. Distortion: Gaslighting the Nation About the “Boom”
Trump is expected to take the stage before Congress and declare that his historic, record-breaking, unparalleled economy is thriving. He’ll call it the greatest comeback in history. However, nothing has improved since he took office — except maybe the sales of gold bars and offshore real estate as billionaires prepare for impact.
Reality check:
The stock market plunged after Trump doubled down on tariffs, sending shivers through the economy.
Small business optimism collapsed as fears of inflation, supply chain chaos, and tariff-driven costs spiked.
Consumer confidence is nosediving , yet Trump will likely tell Americans they are feeling better than ever.
Classic Trump Move:
Claim the economic crisis he caused is Biden’s fault.
Brag about “fixing” the very mess he created.
Change the subject to windmills, dishwashers, or some other nonsense.
2. Destruction: Tariffs, Tariffs, Tariffs
One of the first things Trump did upon returning to office was slap on massive import tariffs, sending businesses scrambling and markets crashing. Because if there’s one thing Trump learned in his first term, it’s that taxing Americans through trade wars is a fantastic way to tank the economy.
The latest round of tariffs is:
Destroying U.S. manufacturers who rely on imported goods and materials.
Jacking up consumer prices — because, spoiler alert, foreign countries don’t pay tariffs; they’re paid by you .
Crushing farmers — again — who already got burned last time Trump decided to play tough with China.
Meanwhile, corporations are making “hard decisions” (read: mass layoffs), and middle-class families are left wondering why eggs still cost as much as a down payment on a used car.
3. Disarray: Chaos in Markets and Businesses
Economic uncertainty is skyrocketing, but Trump will tell us otherwise. Markets hate unpredictability, and Trump is the human embodiment of unpredictability.
Wall Street is in a panic , with the Dow, S&P 500, and Nasdaq all tumbling in response to Trump’s economic recklessness.
CEOs are slashing investment plans , knowing full well that the economy is about to hit a turbulence pocket the size of Trump’s ego.
Small businesses are sounding the alarm , reporting the worst conditions since the depths of the COVID crisis.
But don’t worry — Trump has a solution: More tax cuts for the rich! That should fix everything, right?
4. Debt Explosion: The Red Ink Tsunami
Remember when Republicans pretended to care about deficits? That was fun.
With Trump back in charge, fiscal responsibility has left the building. While his base cheers for imaginary “budget cuts,” the reality is:
Trump’s new tax breaks for billionaires will blow another massive hole in the deficit.
His reckless spending on vanity projects (hello, border wall expansion!) is hemorrhaging taxpayer money.
Interest rates are climbing, making America’s debt burden even worse.
And yet, somehow, Trump will claim he’s saving the economy. Expect him to throw out a few entirely fictional numbers during his speech — perhaps claiming he’s “erased the deficit” entirely, just like he promised in 2016 (and then left office with record-high deficits).
5. Deflection: Blaming Everyone But Himself
No Trump speech would be complete without a good old-fashioned blame game.
The media will be accused of creating a “negative narrative” about the economy.
The Federal Reserve will be blamed for “sabotaging” his economic plans (translation: not letting him print unlimited money).
Biden — of course — will somehow be responsible for the fallout of Trump’s policies.
And let’s not forget the classic: “It’s China’s fault!”
But here’s the real kicker: Trump won’t take a single question after his speech because he doesn’t do accountability. He’ll walk offstage to thunderous applause from the MAGA faithful while markets continue their downward spiral.
Conclusion: The Trump Slump is Here
If you liked Trump’s Recession in 2020, you’ll love Trump’s Economic Doom Spiral in 2025.
The sad truth is it didn’t have to be this way. Biden left Trump with a stable, thriving economy, just as Obama did before him. But Trump, being Trump, has taken a perfectly fine economy and driven it straight into a ditch — again.
So, as he takes the podium before Congress, just remember:
The economy was working before he got here.
The economy is faltering because of his policies.
And the economy will crater if he keeps playing reality TV host instead of president.
His upcoming speech will be a desperate attempt to sell Americans on an economic mirage. But no amount of gaslighting can hide the truth: The Trump Slump is real. And we’re all paying the price.
Share This Before the Deep State Bans It!
(Because when the economy collapses, you’ll want proof that we warned you.)
~Dunneagin~
[END]
---
[1] Url:
https://www.dailykos.com/stories/2025/3/4/2307785/-The-Trump-Slump-is-Here-And-It-s-Worse-Than-You-Think?pm_campaign=front_page&pm_source=trending&pm_medium=web
Published and (C) by Daily Kos
Content appears here under this condition or license: Site content may be used for any purpose without permission unless otherwise specified.
via Magical.Fish Gopher News Feeds:
gopher://magical.fish/1/feeds/news/dailykos/
